Piper Sandler has recently initiated SEI Investments Co (SEIC) stock to Neutral rating, as announced on March 29, 2023, according to Finviz. Earlier, on July 25, 2022, William Blair had resumed the stock to Mkt Perform. Morgan Stanley also reduced rating with a price target of $55. Additionally, Goldman reduced Neutral rating on March 28, 2022, with a target price of $65. Truist analysts, in their report published on November 2, 2021, also initiated Hold rating and set a price target of $67 for SEI Investments Co’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
SEI Investments Co (SEIC) Stock Trading Recap
On Wednesday, SEI Investments Co (SEIC) stock saw a decline, ending the day at $70.7 which represents a decrease of $-0.42 or -0.59% from the prior close of $71.12. The stock opened at $73.71 and touched a low of $70.57 during the day, reaching a high of $73.71. The volume of shares traded was 1.24 million exceeding the average volume of 0.54 million.
SEIC Stock Performance and Moving Averages
In recent trading, SEI Investments Co (SEIC) stock price has shown some volatility, fluctuating -2.59% over the last five trades and 2.78% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 6.16%, and it has gained 7.01% in the previous three months. Currently, SEIC is trading at 0.09%, 3.08%, and 5.13% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, SEIC, a Financial sector stock, is trading -4.02% below its 52-week high but remains 35.45% above its 52-week low. The Average True Range (ATR) (14 days) of 1.34 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
SEI Investments Co’s Profitability and Valuation Ratios
SEI Investments Co’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 23.90% and a profit margin of 25.40%, with a gross margin of 6.16%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, SEI Investments Co’s market capitalization stands at $9.18 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 18.49, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 15.22. Additionally, the Price-to-Sales Ratio is 4.6, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 4.08, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 17.41% of SEI Investments Co (SEIC)’s shares, while financial institutions hold 73.04%.
Notable insider trades include WEST ALFRED P JR, Executive Chairman at SEI Investments Co (SEIC), who sold 5670 shares on Aug 29 ’24, at $67.5 each, totaling $0.38 million. On Aug 28 ’24, WEST ALFRED P JR, Executive Chairman, sold 61000 shares for $67.36 each, amounting to $4.11 million. Additionally, on Aug 27 ’24, WEST ALFRED P JR sold 40129 shares at $66.9 each, generating $2.68 million.